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Reliance Industries could be the first Indian company to reach $200 billion market cap -- BoFAML explains how

Updated : October 18, 2019 06:24 AM IST

Bank of America Merill Lynch (BoFAML) believes RIL could on the basis of three paramount drivers which could add over $70 billion of enterprise value (EV) in the company.
It believes most of the new businesses which are in gestation period will take around 24 months to acquire scale and contribute meaningfully to RIL’s fair value.
Reliance Industries could be the first Indian company to reach $200 billion market cap -- BoFAML explains how
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